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Why California Tribes Are Revolting Against Card Rooms
Why California Tribes Are Revolting Against Card Rooms

California Indian tribes engaged in the gambling industry are actively backing a bill aimed at enhancing their operations. However, representatives from state casinos and card rooms caution that the passage of SB 549 could lead to ...

Bally's Finally Buys Standard General Operator for $4.6 Billion: Deal Prospects Analysis
Bally's Finally Buys Standard General Operator for $4.6 Billion: Deal Prospects Analysis

Standard General, a hedge fund overseen by Bally's Chairman Su Kim, has successfully negotiated the acquisition of the casino operator after several years of attempts. The deal, which was announced on July 25, 2024, is valued at $4.6 ...